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It’s time to atone for essentially the most fascinating and most enjoyable cleantech tales of the previous week. Because it seems, among the prime tales have been additionally prime tales in different current weeks. However that’s simply how huge these tales are. There are a number of new tales as properly, in fact. Examine all of them out!
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1. BYD gross sales are completely popping.
The corporate’s passenger automobile gross sales just surpassed 500,000 units for the second month in a rowa shocking milestone. Gross sales have been up 67% yr over yr. Along with these passenger automobile gross sales, the corporate has additionally been promoting increasingly more business electrical autos, with these rising by 54% compared to the first 11 months of 2023. The corporate additionally retains coming into new markets, the latest one being Guatemala.
2. XPENG & NIO gross sales hopping, too.
Whereas they clearly aren’t on the degree of BYD, XPENG and NIO proceed to see tremendous sturdy gross sales development. XPENG sales rose 54% yr over yr in November, and rose 29% month over month. In the meantime, NIO sales rose 29% yr over yr.
3. Europe gross sales report.
I like all of our EV gross sales studies, however I particularly benefit from the Europe and world ones, since there’s a lot range, variation, and naturally massive volumes. Within the newest Europe EV gross sales report, we see BEVs have risen to 16% of European auto gross sales, and plugins overall have risen to 24% share. Apparently, 252,000 plugin autos have been registered in October, which is about half as many as BYD bought worldwide in October!
4. Agrivoltaics are merely beautiful.
Combining solar energy and agriculture simply makes a lot sense. They typically assist one another, and make extra sense financially and environmentally. Tina dove into some progress New Jersey is making in this field (no pun supposed), whereas Cynthia shared a enjoyable story (and pics) of a community solar project on a cranberry bog.
5. Japanese auto gross sales are plummeting.
Contemplating the tales above in #1 by #3, in addition to Japanese automakers lagging behind on EVs for years, it’s not stunning that Japanese automakers are seeing some serious sales bleeding. Nonetheless, it was fascinating and eye opening to see among the numbers and tales Steve shared on this matter.
6. Baltic nation going 100% renewables in pursuit of vitality independence.
With the dramatic disaster in Jap Europe, gaining vitality independence is essential for nations in Russia’s neighborhood. Estonia will get this, and is pursuing 100% renewable electricity by 2030with a robust deal with photo voltaic.
7. With US EV tax credit score seemingly on brink of demise, purchase your EVs at the moment!
It appears extremely seemingly the Trump administration will kill the US EV tax credit score. Due to this fact, it’s best to in all probability purchase an EV ASAP if you’re pondering to purchase one soon-ish. Reducing the EV tax rebate additionally means used electric car prices are likely to jumpso the identical suggestion applies (that you can purchase one earlier than the top of 2024 in case you’re available in the market for one). On the identical matter, we talk about how Elon Musk has repeatedly said Tesla vehicles need to be cheaper to assist discover extra consumers, and but he’s now supporting removing of the $7,500 EV tax credit score. It is senseless.
8. Large electrical carsharing program with V2G in Europe.
500 Renault 5 E-Tech electrical autos a part of a carsharing program within the Netherlands are going for use in a giant vehicle-to-grid (V2G) program. That is getting severe.
9. California EV gross sales attain 2 million.
One of many main electrical automobile markets on the earth continues to shine. California reached 2 million cumulative EV sales within the third quarter, with plugin autos accounting for 26.4% of the state’s auto gross sales.
10. Masdar’s big renewable vitality undertaking progress.
Masdar has been concerned in larger and larger renewable vitality tasks, and it just announced progress on a slew of them.
11. US manufacturing growth.
President Joe Biden stimulated an enormous increase in manufacturing construction. The US has by no means seen such a producing resurgence. Too dangerous it and different issues weren’t appreciated, however #ThanksBiden nonetheless.
12. Rivian will get BIG mortgage.
US EV startup Rivian has scored a $6.5 billion conditional loan from the US authorities. That is largely for Undertaking Horizon, “a new factory that will bring thousands of new jobs to Georgia.”
13. Tesla doubles referral bonus.
In an effort to stimulate extra gross sales, Tesla has doubled the vehicle referral bonus credits it offers to Tesla house owners and new prospects. Clearly, Tesla is working laborious to extend gross sales. Will it work for lengthy?
14. Batteries final a LONG time.
For some cause, hundreds of thousands of individuals suppose EV batteries are going to get outdated and want changing after only a few months or years of use. Fortunately, analysis has discovered most EV batteries will in all probability last more than their host vehicles.
Have any favourite information of the week that I missed? Chime in down within the feedback and tell us.
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